Yourgene Health PLC Re DHSC contract to support COVID-19 surge testing (3392L)
10 Septiembre 2021 - 1:00AM
UK Regulatory
TIDMYGEN
RNS Number : 3392L
Yourgene Health PLC
10 September 2021
Yourgene Health plc
("Yourgene" or the "Group" or the "Company")
Further re: DHSC contract secured to support COVID-19 surge
testing
Manchester, UK 10 September 2021: Yourgene (AIM: YGEN), a
leading international molecular diagnostic group, announces that a
Contract Award Notice has been published in relation to its
contract with the Department of Health & Social Care ("DHSC")
for the provision of laboratory capacity to the NHS Test and Trace
Programme for COVID-19 testing, as announced on 19 August 2021
(RNS: 2020J).
The disclosure can be seen here:
https://www.contractsfinder.service.gov.uk/notice/b7ee1f61-0d00-4038-a45a-06eeb5c5aba9?origin=SearchResults&p=1
As previously announced, the contract is the first to come from
the National Microbiology Framework Lot wins announced earlier this
year, using Yourgene's high throughput automated COVID-19 services
testing laboratory in Citylabs 1.0, Manchester.
The final contract notice value of GBP34m is the maximum
estimated value of the contract. Actual value will depend on
services purchased and there is no committed spend under the
contract. However, the Company confirms that samples are already
being processed as part of the contract.
Yourgene will provide an update for shareholders on first half
trading on the morning of the Annual General Meeting due to take
place on Tuesday 28 September 2021.
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation. The Directors of the Company
take responsibility for this announcement.
Yourgene Health plc Tel: +44 (0)161 669 8122
Lyn Rees, Chief Executive Officer investors@yourgene-health.com
Barry Hextall, Chief Financial Officer
Joanne Cross, Director of Marketing
Cairn Financial Advisers LLP (NOMAD) Tel: +44 (0)20 7213 0880
Liam Murray / James Caithie / Ludovico
Lazzaretti
Singer Capital Markets (Joint Corporate Tel: +44 (0)20 7496 3000
Broker)
Aubrey Powell / Tom Salvesen / George
Tzimas
Stifel Nicolaus Europe Limited (Joint Tel: +44 (0)20 7710 7600
Corporate Broker)
Nicholas Moore / Matthew Blawat / Ben
Maddison
Walbrook PR Ltd (Media and Investor Tel: +44 (0)20 7933 8780 or yourgene@walbrookpr.com
Relations)
Paul McManus / Lianne Cawthorne Mob: 07980 541 893 / Mob: 07584 391 303
About Yourgene Health plc
Yourgene Health is an international molecular diagnostics group
which develops and commercialises genomic services and
technologies. The group works in partnership with global leaders in
DNA technology to advance diagnostic science.
Yourgene primarily develops, manufactures, and commercialises
simple and accurate molecular diagnostic solutions, for
reproductive health, precision medicine and infectious diseases.
The Group's flagship in vitro diagnostic products include
non-invasive prenatal tests (NIPT) for Down's Syndrome and other
genetic disorders, Cystic Fibrosis screening tests, invasive rapid
aneuploidy tests and DPYD genotyping.
Yourgene has a range of innovative DNA sample preparation
platforms, powered by Ranger(R) Technology, the Yourgene
LightBench(R) and Yourgene QS250, ideal for cell-free DNA
applications in NIPT and oncology including liquid biopsy.
Yourgene Genomic Services is a global laboratory service network
equipped to be a full life-cycle partner for clinical, research and
pharmaceutical organisations to support partners at the
preclinical, clinical, and post-market stages to develop,
manufacture, obtain regulatory approval and commercialise new
products and services. In addition, Yourgene Genomic Services
offers an NIPT and high throughput COVID testing service.
Yourgene Health is headquartered in Manchester, UK with
facilities in Taipei, Singapore, the US and Canada, and is listed
on the London Stock Exchange's AIM market under the ticker "YGEN".
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September 10, 2021 02:00 ET (06:00 GMT)
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